Lift, Inc.benefits
Lift, Inc. Group Insurance Plan · MOUNTVILLE, PA · plan year 2024
Lift, Inc.'s benefits plans covered 425 active participants in 2024, providing life · dental · vision · short-term disability · long-term disability · other. Insurance premiums totaled $42,883. Insurance brokers and agents were paid $29,419 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 68.6% of premiums. That is $69 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 44% from $20,411 in 2023.
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Source: DOL Form 5500 Schedule A, plan year 2024, EIN 232574915 · Verify on EFAST2 · Amounts are as reported by the plan sponsor.